RE:RE:RE:I WOULDN'T BE TOO CONCERNED Agree. 3 quality projects. But good chance we have some rough days/weeks/maybe months ahead.
For a lot of investors this was the perfect core gambling project. Very active and good PR. Basicly every big and small investor liking that kind of play had it one point in time in their newsfeed and was invested in this one, .... and right away out again as it didnt show the goods right away. I think expectations where too high in general, that even a decent hit would not have been good enough and we would have seen a sell off anyways is what I think.
I have low expectation for hole 5-7 as they where drilled from the same spot as hole 4. In general tempered expectations simply because it's similar targets with east-west orientation on extensional veins. But fact is the starting holes there wasnt as much excitement as from hole 8 onwards. Then the NRs got interesting:
- Increasing amounts (from 8 onwards) of visible sulphides present in drilling as holes progress eastward.
- Possible telluride mineral observed (unconfirmed) in hole 8 (ACP-R-21008)
- The intervals got wider progressing east: up to 90 meters overall in hole 11
- Mineral assemblages observed in veining at the Rickard appears similar-to the gold bearing assemblage at the Macassa Mine operated by Kirkland Lake Gold approximately 70 kilometers to the south.
Lets hope some good news comes sooner than later. Good luck all.